Pop Quiz: How Many of Obama’s Green Energy Companies Have Gone Bankrupt?

[High Praise! to Moonbattery]

Answer: 12
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1. Abound Solar (Loveland, Colorado), manufacturer of thin film photovoltaic modules.

2. Beacon Power (Tyngsborough, Massachusetts), designed and developed advanced products and services to support stable, reliable and efficient electricity grid operation.

3. Ener1 (Indianapolis, Indiana), built compact lithium-ion-powered battery solutions for hybrid and electric cars.

4. Energy Conversion Devices (Rochester Hills, Michigan/Auburn Hills, Michigan), manufacturer of flexible thin film photovoltaic (PV) technology and a producer of batteries and other renewable energy-related products.

5. Evergreen Solar, Inc. (Marlborough, Massachusetts), manufactured and installed solar panels.

6. Mountain Plaza, Inc. (Dandridge, Tennessee), designed and implemented “truck-stop electrification” technology.

7. Olsen’s Crop Service and Olsens Mills Acquisition Co. (Berlin, Wisconsin), a private company producing ethanol.

8. Range Fuels (Soperton, Georgia), tried to develop a technology that converted biomass into ethanol without the use of enzymes.

9. Raser Technologies (Provo, Utah), geothermal power plants and technology licensing.

10. Solyndra (Fremont, California), manufacturer of cylindrical panels of thin-film solar cells.

11. Spectrawatt (Hopewell, New York), solar cell manufacturer.

12. Thompson River Power LLC (Wayzata, Minnesota), designed and developed advanced products and services to support stable, reliable and efficient electricity grid operation.
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Easiest way to become a millionaire in America? When Obama touts a green energy company – sell short.

6 Comments

  1. Next door to my workplace there is a company that installs solar panels, from what I see they spend a lot of their time drinking beer and racing RC cars around the parking lot, I’m guessing that they will be #13 on the list.

  2. Last November, Energy Conversion Devices announced it was suspending manufacturing because of an excess of inventory, terminating 500 employees and furloughing 400. The company — founded by Stan and Iris Ovshinsky in Detroit in 1960 to develop alternative forms of energy — has been on the verge of bankruptcy repeatedly over the years.

    Sounds like they needed a few mil to retire on, minus their donations of course.

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